Twitter will release its fourth-quarter results on 10 February, and traders are expecting revenue of $709 million and earnings per share (EPS) of 12 cents. That compares with the third-quarter revenue and EPS of $569 million and EPS of 10 cents. The company will report its full-year numbers on the same date, and investors are expecting revenue of $2.21 billion and EPS of 35 cents. These forecasts represent a 57% jump in revenue and a 150% increase in EPS.
Twitter has had a tough time recently, as a serious shake up of senior management has compounded investors’ concerns for the company. The founder, Jack Dorsey, returned as CEO and with him came a considerable amount of job cuts and the firm has drafted in new blood for top roles. Traders will be looking for concrete plans as to how the company will change. The social media organisation is still attracting new users but the growth rate is slipping and traders are nervous as it is one of the key measurements for the business.